Assessing Bitcoin’s sideways drift as dormant $290M BTC whale reloads
Bitcoin’s supply tightened on exchanges, but buyers still lacked conviction.
Miner wallets gained $4.7 billion in value, though price appreciation tells part of the story.
Bitcoin has flashed an “end of bear market” signal after its short-term holder cost basis fell below the adjusted long-term holder level. The crossover mirrors previous bitcoin cycles, suggesting the market may be entering the final stage of its bear phase.
July 19, 2026, 2:30 amMichael Saylor says bitcoin cannot achieve global monetary status without corporate adoption. Public companies now hold more than 1.26 million BTC, while Strategy’s financing model shows how bitcoin is being used as both a reserve asset and a source of liquidity.
July 19, 2026, 12:30 amBitcoin’s supply tightened on exchanges, but buyers still lacked conviction.
Michael Saylor opposes BIP 110, warning that filtering Ordinals-style transactions politicizes Bitcoin consensus rules.
Bitcoin stalled at $65K as oil price surged amid renewed U.S-Iran…
Strategy founder Michael Saylor published a lengthy essay Saturday rejecting BIP 110, a proposed Bitcoin softfork that would temporarily restrict several types of transactions carrying non-payment data.
Two U.S. service members were killed, one remains missing, and several others were wounded during an Iranian missile and drone attack on a Jordanian air base. The deaths are the first caused by direct Iranian fire since the war began, while four evacuated troops have already left the hospital.
A prior December raise instead funded stakes tied to SpaceX and Figure AI, which the company says are its two AI infrastructure investments to date.
Sixteen years ago, Satoshi Nakamoto answered a doubter on a forum in 2010, and the reply still guides how the network defends its money today. A Forum Post That Set the Rules On July 16, 2010, a user named bdonlan questioned Bitcoin’s double SHA-256 hashing on the Bitcointalk forum.
Bitcoin traded near $62,900 on Friday afternoon, down roughly 38% from its October 2025 all-time high, as Brent crude settled above $85 and the Strait of Hormuz remained effectively closed to normal commercial traffic. By early Saturday, it had recovered to around $63,900, then traded flat throughout the EU morning.
Bitcoin is entering a potentially sensitive phase as unusual activity from long-dormant wallets coincides with a period of technical consolidation around the $64,000 area.